Devon Energy Corporation
Short

Hedging with short DVN

209
When the market reached a (new) All Time High earlier today I wanted to get some short Delta in my positions. I learned my lesson during the 'recent unpleasantness' bottom of 7/19 that being all net long puts one at risk of volatility in a portfolio... even if the positions themselves individually remain strong and profitable.

This morning's volatility setup a good short entry on DVN that by looking at futures this evening should hedge against tomorrow's potential downside.

Earnings are close so I may need to de-risk next week before.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.